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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Cyclically Adjusted PS Ratio : 4.14 (As of May. 24, 2024)


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What is Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted PS Ratio?

As of today (2024-05-24), Chung-Hsin Electric & Machinery Mfg's current share price is NT$162.00. Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was NT$39.16. Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio for today is 4.14.

The historical rank and industry rank for Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio or its related term are showing as below:

TPE:1513' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.62   Max: 5.51
Current: 4.35

During the past years, Chung-Hsin Electric & Machinery Mfg's highest Cyclically Adjusted PS Ratio was 5.51. The lowest was 0.71. And the median was 1.62.

TPE:1513's Cyclically Adjusted PS Ratio is ranked worse than
83.79% of 2196 companies
in the Industrial Products industry
Industry Median: 1.43 vs TPE:1513: 4.35

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Chung-Hsin Electric & Machinery Mfg's adjusted revenue per share data for the three months ended in Mar. 2024 was NT$12.425. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is NT$39.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted PS Ratio Chart

Chung-Hsin Electric & Machinery Mfg Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.84 1.41 1.93 3.09

Chung-Hsin Electric & Machinery Mfg Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.63 3.74 2.89 3.09 4.52

Competitive Comparison of Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio

For the Specialty Industrial Machinery subindustry, Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio falls into.



Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=162.00/39.16
=4.14

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chung-Hsin Electric & Machinery Mfg's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Chung-Hsin Electric & Machinery Mfg's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.425/131.7762*131.7762
=12.425

Current CPI (Mar. 2024) = 131.7762.

Chung-Hsin Electric & Machinery Mfg Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.312 100.560 8.271
201409 6.209 100.428 8.147
201412 8.812 99.070 11.721
201503 5.065 99.621 6.700
201506 5.837 100.684 7.640
201509 6.289 100.392 8.255
201512 7.887 99.792 10.415
201603 8.321 100.470 10.914
201606 5.898 101.688 7.643
201609 7.326 101.861 9.478
201612 9.428 101.863 12.197
201703 6.232 102.862 7.984
201706 5.906 103.349 7.530
201709 7.189 104.136 9.097
201712 8.317 104.011 10.537
201803 6.228 105.290 7.795
201806 7.002 106.317 8.679
201809 8.505 106.507 10.523
201812 7.929 105.998 9.857
201903 6.514 107.251 8.004
201906 7.311 108.070 8.915
201909 7.756 108.329 9.435
201912 8.580 108.420 10.428
202003 6.543 108.902 7.917
202006 7.379 108.767 8.940
202009 8.375 109.815 10.050
202012 10.737 109.897 12.875
202103 9.527 111.754 11.234
202106 8.356 114.631 9.606
202109 8.404 115.734 9.569
202112 10.477 117.630 11.737
202203 9.621 121.301 10.452
202206 8.921 125.017 9.403
202209 9.464 125.227 9.959
202212 9.728 125.222 10.237
202303 12.041 127.348 12.460
202306 10.210 128.729 10.452
202309 11.345 129.860 11.512
202312 12.391 129.419 12.617
202403 12.425 131.776 12.425

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Chung-Hsin Electric & Machinery Mfg  (TPE:1513) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Chung-Hsin Electric & Machinery Mfg Cyclically Adjusted PS Ratio Related Terms

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Chung-Hsin Electric & Machinery Mfg (TPE:1513) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Wen-Te Road, Lo Shan Tsun, Guishan District, Taoyuan, TWN, 33383
Chung-Hsin Electric & Machinery Mfg Corp is a manufacturer of power generation machinery and equipment and its related parts, air-conditioners, dehumidifiers, and meters. The company's products include chillers, generator sets, high voltage circuit breakers, smart grid electric power automation equipment, customized fuel cell systems, methanol reformers, handheld document terminals, industrial computers and parking facilities, among others. Its operating segments include Electricity Power; Service and Engineering and other. The company generates maximum revenue from the Electricity Power segment.

Chung-Hsin Electric & Machinery Mfg (TPE:1513) Headlines

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